Disliked{quote} Nice trade , nice explanation bobby2 thanks , my didn't go so well I could have enter earlier , both stochs were going opposite directions was waiting till CTF will follow , after entering didn't make new high , CTF went in 50 zone , and then didn't break trough resistance CTF again in 50 zone , MTF lines started to twist I thought was price rejection . a)did I choose poorly resistance ? b)did I need to give second chance? c)did I follow the rules? d)what I did wrong? At the end no lose no win . {image}Ignored
EXITS
EXIT #1: The MTF stoch and the CTF stoch have both entered the 80 or 20 area and is looking to stay a while. Exit when the CTF stoch leaves that area while the MTF Stoch is starting to change direction at the same time. You don't need to wait for the MTF stoch to be all the way out.
EXIT #2: The MTF stoch doesn't make it past the 80 or 20 level, and both stochastics have turned and / or crossed.
EXIT #3: The MTF stoch has crossed the 50 line in the other direction.
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